Thursday, March 23, 2023
  • Login
No Result
View All Result
The News Beam
  • Home
  • News
    • Politics
    • Business & Economy
    • Sports
    • Entertainment
    • Global
  • Development
    • Health
    • Education
    • MGDs
    • Development Agencies
  • Your Community
    • CDAs
    • LGAs
    • Projects
    • Community Champions
  • The Entrepreneur
    • Street Money
    • SMEs
    • Youthprenuers
    • Agriprenuers
    • Capacity Building
  • Specials
    • Lifestyle
    • Relationships
    • Books & Arts
    • Faith
    • Teens World
    • Guest Columnists
The News Beam
  • Home
  • News
    • Politics
    • Business & Economy
    • Sports
    • Entertainment
    • Global
  • Development
    • Health
    • Education
    • MGDs
    • Development Agencies
  • Your Community
    • CDAs
    • LGAs
    • Projects
    • Community Champions
  • The Entrepreneur
    • Street Money
    • SMEs
    • Youthprenuers
    • Agriprenuers
    • Capacity Building
  • Specials
    • Lifestyle
    • Relationships
    • Books & Arts
    • Faith
    • Teens World
    • Guest Columnists
No Result
View All Result
The News Beam
Home The Entrepreneur

10 Lucrative Side Hustles to Support your Business

February 16, 2021
in The Entrepreneur, Capacity Building, News, Street Money, Youthprenuers
Reading Time: 4 mins read
0
A A
1
10 Lucrative Side Hustles to Support your Business
Share on FacebookShare on Twitter

A popular aphorism states that ‘man shall not live by bread alone.’ He needs to complement the bread with butter, beverages, egg etc. Such is the situation we find ourselves in Nigeria today.

A source of income is not enough to emancipate you from poverty.

CLICK HERE TO Advertise For As Low As N2000 In The News Beam

You need a side hustle!

READ ALSO; 4 Habits that make you broke ALWAYS

Yes, I mean another business that would support your main business. Multiple sources of income has been proven to be a quick step to accrue wealth.

The story of the richest man in the world, Elon Musk, is an ideal example. Musk has multiple sources of income which include his investment and establishment of Tesla, SpaceX, and SolarCity.

10 LUCRATIVE SIDE HUSTLES FOR YOU

Today, “building a side business and having multiple streams of income is no longer a luxury. It’s a necessity for anyone who wants financial security.”

Here is a list of 10 lucrative side businesses you can venture into.

(1) Data Analysis

The world is now digitalised, firms are converting their files to data, they are migrating to e-services. Individuals who are good at handling data can work as Data analysts, data miners, and other data related fields.

Although, the business is ideal for those with flair for numbers and figures. It’s a good side hustle for students.

(2) Website Design

As stated earlier, the world is now digitalised, website and blogging is rapidly taking over. Individuals, companies, entrepreneurs now turn to the website/blog to render their services. Hence, the service of a web designer/developer is fully needed. According to naijahustler, a web designer could earn as high as N300,000 monthly.

(3) Graphics Design

Let me say this, a graphics designer is needed in every firm, a graphics designer may earn more than N50,000 monthly on every logo, flyer, letterhead, Display image and many more.

(4) Phones & Computer Repair

The surge in the use of mobile devices and computer will also connote the increase in the rate of faulty phones and computers. Hence, your service as a phone or computer engineer will be highly needed.

READ ALSO; How to Stay Out of Debt this New year

(5) Catering Services

You can decide to start earning with what you love doing. Cooking could be your hobby, you may start a catering service and earn your money.

(6) Tailoring/Fashion Designing

Everyone needs to wear clothes, so there’s need for someone to make the clothes. You may start making clothes as a side business also . You can also design styles for tailors and get paid handsomely.

(7) Proof Reading/Editing

You can also start proofreading and editing contents for bloggers, writers, content writers etc. As expected, you must be able use the English language effectively and flawlessly, Grammarly and other softwares can help with this.

READ ALSO; How to Survive on N50,000 Monthly Salary

(8) Makeup Service

This is almost everywhere in places like Lagos, the city of events and merriments, you can make this business a side hustle.

(9) Social Media Management

Now let’s talk about the time and data bundle you spend on social media. Now is the time to convert this time and resources to a source of income by managing accounts of firms.

(10) Content Writing

Marketing, blogging requires the services of a content writer. You can earn a living writing contents for a number of firms and get paid handsomely.

This list is unending, innovation is an important factor to identify the side business that works for you and won’t affect your main business.

I wish you success in your endeavours.
If you like this piece, share with your friends.

Feature image @Pixabay

READ ALSO; How to Turn that Risk into an Asset – PwC

Tags: BusinessSide hustle
ShareTweetSend
Previous Post

FG to Use Radioactive Materials for Safe Production of Oil

Next Post

How Dangote Pumped N10bn into Education in Nigeria

Related Posts

Politics

Guber Elections: Tech leaders launch Collate, a live-result viewing platform

March 16, 2023
69
Business & Economy

Bread and Cereal push Nigeria’s inflation rate to 21.91% in February

March 15, 2023
21
Business & Economy

CBN bows to Supreme Court, says old N200, N500, N1000 remain legal tender

March 13, 2023
51
Business & Economy

Naira scarcity: Nigerians use PoS for 113.5 million transactions in February 

March 13, 2023
13
Business & Economy

Naira Scarcity: Buhari says CBN has no reason not to comply with Supreme Court Judgement on old N500, N1000

March 13, 2023
65
Politics

2023 Elections: UK  threatens  visa ban against  electoral violence perpetrators

February 21, 2023
33
Next Post
How Dangote Pumped N10bn into Education in Nigeria

How Dangote Pumped N10bn into Education in Nigeria

EFCC Chairman: 3 Reasons Nigerians Reject Abdulrasheed Bawa

EFCC Chairman: 3 Reasons Nigerians Reject Abdulrasheed Bawa

Comments 1

  1. Taofeek says:
    2 years ago

    Nice content. I think you missed out on affiliate marketing, Facebook and Instagram ads, and email marketing too. Digital marketing as a whole

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

  • Trending
  • Comments
  • Latest
How to Apply for the N25 Billion Youth Investment Fund of the Federal Govt

How to Apply for the N25 Billion Youth Investment Fund of the Federal Govt

October 16, 2020
Covid-19: See List of Vaccination Centers in Lagos State

Covid-19: See List of Vaccination Centers in Lagos State

August 19, 2021
Banks suffer 11% reduction in new loans as customers resist interest rate hike

CBN reveals 9 Business Categories that recorded Increased Activity This Month

9
BREAKING ! How Hurriedly installed Application Saved Central Bank of Nigeria website from 'Anonymous' hack

BREAKING ! How Hurriedly installed Application Saved Central Bank of Nigeria website from ‘Anonymous’ hack

7

Guber Elections: Tech leaders launch Collate, a live-result viewing platform

March 16, 2023

Bread and Cereal push Nigeria’s inflation rate to 21.91% in February

March 15, 2023

Categories

  • Agriprenuers (12)
  • Books & Arts (7)
  • Business & Economy (442)
  • Capacity Building (25)
  • CDAs (2)
  • Community Champions (1)
  • Crime (196)
  • DEVELOPMENT (74)
  • Development Agencies (109)
  • Economy (319)
  • Education (193)
  • Entertainment (405)
  • Faith (55)
  • Finance (342)
  • Global (103)
  • Guest Columnists (17)
  • Health (56)
  • Health (242)
  • Industry (149)
  • LGAs (1)
  • Lifestyle (98)
  • MGDs (10)
  • News (2,305)
  • Politics (376)
  • Projects (2)
  • Relationships (70)
  • Security (164)
  • SMEs (15)
  • SPECIALS (88)
  • Sports (311)
  • Street Money (9)
  • Tech (138)
  • Teens World (3)
  • The Entrepreneur (26)
  • Uncategorized (74)
  • Your Community (33)
  • Youthprenuers (14)
No Result
View All Result
News
Politics
Business & Economy
Sports
Entertainment
Global

Development

Health
Education
MGDs
Development Agencies

Your Community

CDAs
LGAs
Projects
Community Champions

The Entrepreneur

Street Money
SMEs
Youthprenuers
Agriprenuers
Capacity Building

Specials

Lifestyle
Relationships
Books & Arts
Faith
Teens World
Guest Columnists

Follow Us

  • About Us
  • Contact Us
  • Terms of Usage
  • Privacy Policy
  • Advert Rates
  • Newsletters
  • Resources
  • Submit a Story
No Result
View All Result
  • Home
  • News
    • Politics
    • Business & Economy
    • Sports
    • Entertainment
    • Global
  • Development
    • Health
    • Education
    • MGDs
    • Development Agencies
  • Your Community
    • CDAs
    • LGAs
    • Projects
    • Community Champions
  • The Entrepreneur
    • Street Money
    • SMEs
    • Youthprenuers
    • Agriprenuers
    • Capacity Building
  • Specials
    • Lifestyle
    • Relationships
    • Books & Arts
    • Faith
    • Teens World
    • Guest Columnists
  • Login

© 2020 The News Beam is the highest circulated and most read newspaper in Nigeria. The online portal of The News Beam is the most visited website in the world.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Subscribe With The News Beam